Demand
Weak▼ falling
Confidence: High
Selling times are 14.7% above the five-year norm. Latest reading 38.0 against a five-year average of 33.1.
- Latest
- 38
- 12 months ago
- 34.9
- 5-year average
- 33.13
- 5-year range
- 24.2 – 40.0
27 Barkly Street
Footscray 3011 · House · 3 bed · 2 bath · 2 car · 410 m² land · built 1948
- Estimated value
- $1,029,000
- Valuation range
- $967,000 – $1,091,000
- Estimated rent
- $811/wk
- Gross yield
- 4.1%
Estimate confidence: Moderate. Modelled from suburb medians and recorded transactions — not a valuation or financial advice.
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Stamp duty, government charges, settlement cash and the monthly cost of holding it.
Work out the all-in cost →Transaction history
| Date | Event | Method | Amount |
|---|---|---|---|
| 1 June 2023 | Sold | Auction | $880,000 |
| 1 June 2025 | Leased | APU derived record | $762/wk |
Market context
Signals for Footscray
Price Momentum
Neutral▲ rising
Confidence: Low
Annual price growth is 2.4% below the five-year average. Latest reading 3.3 against a five-year average of 3.4.
- Latest
- 3.32
- 12 months ago
- 3.48
- 5-year average
- 3.4
- 5-year range
- 2.7 – 4.1
Rental Conditions
Weak— flat
Confidence: High
Vacancy is running 20.3% above the historical average. Latest reading 1.9 against a five-year average of 1.6.
- Latest
- 1.9
- 12 months ago
- 1.6
- 5-year average
- 1.58
- 5-year range
- 1.1 – 2.0
Rental Pressure
Soft▼ falling
Confidence: Moderate
Rental growth is 8.3% below the five-year average. Latest reading 5.5 against a five-year average of 6.0.
- Latest
- 5.52
- 12 months ago
- 6.32
- 5-year average
- 6.02
- 5-year range
- 5.4 – 6.7
Affordability
Firm— flat
Confidence: Moderate
The price-to-rent multiple sits 5.5% below its five-year average. Latest reading 24.5 against a five-year average of 25.9.
- Latest
- 24.5
- 12 months ago
- 25.02
- 5-year average
- 25.93
- 5-year range
- 24.3 – 27.6
Supply
Weak— flat
Confidence: High
Advertised stock is 19.9% above the five-year average. Latest reading 122.3 against a five-year average of 102.1.
- Latest
- 122.32
- 12 months ago
- 100.23
- 5-year average
- 102.05
- 5-year range
- 73.1 – 124.6
Comparable properties
| Address | Type | Beds | Estimate | Yield |
|---|---|---|---|---|
| No comparable properties tracked yet. | ||||
Local development activity
- Transport
Suburban Rail Loop East
Under construction · 2035
Reshapes access between middle-ring employment centres and lifts development capacity around six new stations.
Tunnelling underway between Cheltenham and Box Hill; precinct structure planning continues alongside.
- Transport
Metro Tunnel precinct uplift
Operating · Now
New CBD-fringe stations are already redirecting rental demand and apartment supply.
Station catchments at Parkville, Anzac and Arden are the focus of rezoning activity.
- Planning reform
Activity centre rezoning program
Announced · 2026-2028
Higher permitted densities across dozens of centres change the medium-term apartment pipeline.
Watch approval volumes in nominated centres for early supply signals.
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